India's electronics exports surge as PLI scheme sparks global interest: IESA Chief

India's electronics exports surge as PLI scheme sparks global interest: IESA Chief

IANS Exclusive: Bengaluru, Karnataka: India’s electronics exports are booming due to the PLI scheme and manufacturing clusters, said IESA President Ashok Chandal.

These have drawn global investors, with Apple’s operations—via Foxconn and Pegatron (partly Tata-owned)—driving over 50% of exports.

Beyond smartphones, EVs, medical devices, and IoT show promise.

Chandal targets a $500 billion market by 2030, urging stronger supply chains and R&D.

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